Newbuild Contract for 210,000 DWT Bulker

Kawasaki Kisen Kaisha, Ltd. has announced that
construction contract for 210,000-dwt Bulk Carrier to be
completed in 2021 fiscal year has been made with Japan Marine
United Corporation.

After delivery from the yard, the vessel will be put into a
consecutive voyage as per contract signed with JFE Steel and will
be engaged in iron ore and coal transportation.

The main features of this vessel will comply with NOx emission
regulations (Tier III) and be equipped with SOx scrubber that
removes SOx from the exhaust gas for complying with SOx emission
regulations that will be enforced worldwide from January 2020.
This vessel is also an energy-saving type that achieves both
increased cargo weight and reduced fuel consumption compared to
conventional ships. In addition, she is a state-of-the-art vessel
that meets the EEDI (Energy Efficiency Design Index), which is a
GHG (Greenhouse Gas) emission regulation, taking into
consideration the Phase 2 level applied to contracted vessels
after 2020.